§ 363.140. May a zero-percent certificate of indebtedness be pledged or used as collateral?
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/us/cfr/t31/s§ 363.140·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A zero-percent certificate of indebtedness may not be pledged or used as collateral for the performance of an obligation. \[69 FR 50309, Aug. 16, 2004. Redesignated at 70 FR 57437, Sept. 30, 2005, and further redesignated at 75 FR 70816, Nov. 19, 2010\]